Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Insurance Industry Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies127
  • 7D1.6%
  • 3M8.1%
  • 1Y-2.5%
  • YTD1.6%

The Insurance industry has gained 1.6% in the last week and Arthur J. Gallagher up 6.4%. During this same period, the Maase underperformed, falling 39%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 2.1% per annum.

Industry Valuation and Performance

Has the U.S. Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Jul 2026US$1.4tUS$958.6bUS$113.9b11.8x12.1x1.4x
Fri, 29 May 2026US$1.3tUS$959.6bUS$114.0b10.9x11.3x1.3x
Sun, 26 Apr 2026US$1.3tUS$951.4bUS$108.6b11.6x12.2x1.4x
Tue, 24 Mar 2026US$1.3tUS$946.4bUS$105.4b10.9x12.1x1.4x
Thu, 19 Feb 2026US$1.4tUS$950.3bUS$106.1b12.5x12.7x1.4x
Sat, 17 Jan 2026US$1.3tUS$931.1bUS$99.3b12.6x13.6x1.4x
Mon, 15 Dec 2025US$1.4tUS$931.1bUS$99.3b13.4x14.1x1.5x
Wed, 12 Nov 2025US$1.4tUS$931.8bUS$100.0b13.2x13.5x1.5x
Fri, 10 Oct 2025US$1.4tUS$919.0bUS$88.6b13.9x16.2x1.6x
Sun, 07 Sep 2025US$1.4tUS$919.1bUS$88.6b14.4x16.1x1.5x
Tue, 05 Aug 2025US$1.4tUS$916.8bUS$88.7b13.9x15.2x1.5x
Thu, 03 Jul 2025US$1.4tUS$904.1bUS$82.6b14.4x17.4x1.6x
Sat, 31 May 2025US$1.5tUS$902.7bUS$82.3b15.1x17.6x1.6x
Mon, 28 Apr 2025US$1.4tUS$904.3bUS$91.2b13.5x15.3x1.5x
Wed, 26 Mar 2025US$1.5tUS$897.3bUS$93.0b14.1x15.9x1.6x
Fri, 21 Feb 2025US$1.4tUS$895.7bUS$93.2b12.5x15.1x1.6x
Sun, 19 Jan 2025US$1.4tUS$892.9bUS$91.5b13.1x15.1x1.5x
Tue, 17 Dec 2024US$1.4tUS$893.2bUS$91.1b13.1x15.2x1.5x
Thu, 14 Nov 2024US$1.4tUS$892.1bUS$91.1b13.5x15.6x1.6x
Sat, 12 Oct 2024US$1.4tUS$855.0bUS$87.4b13.9x15.9x1.6x
Mon, 09 Sep 2024US$1.4tUS$855.4bUS$87.0b13.8x15.7x1.6x
Wed, 07 Aug 2024US$1.3tUS$851.7bUS$86.8b13.4x14.5x1.5x
Fri, 05 Jul 2024US$1.2tUS$823.2bUS$79.2b13.4x14.8x1.4x
Sun, 02 Jun 2024US$1.2tUS$823.4bUS$79.2b12.9x15.1x1.5x
Tue, 30 Apr 2024US$1.1tUS$804.1bUS$71.4b14.2x16x1.4x
Thu, 28 Mar 2024US$1.2tUS$792.7bUS$66.9b15.1x17.9x1.5x
Sat, 24 Feb 2024US$1.1tUS$791.5bUS$65.5b14.3x17.4x1.4x
Mon, 22 Jan 2024US$1.1tUS$790.2bUS$48.8b12.7x23.5x1.5x
Wed, 20 Dec 2023US$1.1tUS$792.9bUS$47.7b13.2x22.9x1.4x
Fri, 17 Nov 2023US$1.1tUS$792.7bUS$47.3b12.6x22.8x1.4x
Sun, 15 Oct 2023US$1.0tUS$799.5bUS$38.9b15x27x1.3x
Tue, 12 Sep 2023US$1.0tUS$799.3bUS$38.7b14.5x26.6x1.3x
Thu, 10 Aug 2023US$1.0tUS$797.9bUS$38.1b14.5x26.7x1.3x
Sat, 08 Jul 2023US$985.2bUS$777.8bUS$36.9b16.1x26.7x1.3x
Price to Earnings Ratio

26.7x


Total Market Cap: US$985.2bTotal Earnings: US$36.9bTotal Revenue: US$777.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Insurance Industry Price to Earnings3Y Average 17x202420252026
Current Industry PE
  • Investors are pessimistic on the American Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 12.1x which is lower than its 3-year average PE of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 46% per year over the last three years.
  • Revenues for these companies have grown 7.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market1.92%
Financials-0.16%
Insurance1.65%
Property and Casualty Insurance2.51%
Insurance Brokers2.42%
Reinsurance2.30%
General Insurance1.67%
Life and Health Insurance-1.77%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry even though it's trading below its 3-year average PE ratio of 35.7x.
    • Analysts are expecting annual earnings growth of 14.1%, which is lower than the prior year's growth of 48.1% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 48% per year.
  • In contrast, the Property and Casualty Insurance industry is expected to see its earnings decline by 4.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CB ChubbUS$351.734.9%
+US$6.4b		25.6%PE12.1x
AJG Arthur J. GallagherUS$239.678.6%
+US$4.9b		-24.1%PE38.2x
AON AonUS$343.565.6%
+US$3.9b		-2.3%PE18.6x
MRSH Marsh & McLennan CompaniesUS$172.143.7%
+US$3.0b		-19.1%PE21.2x
TRV Travelers CompaniesUS$334.624.3%
+US$3.0b		30.0%PE9.4x

Latest News

BRO
US$67.36
Brown & Brown
7D
9.0%
1Y
-37.5%
TRV
US$334.62
Travelers Companies
7D
4.3%
1Y
30.0%
AON
US$343.56
Aon
7D
5.6%
1Y
-2.3%
CB
US$351.73
Chubb
7D
4.9%
1Y
25.6%
MAAS
US$13.00
Maase
7D
-38.8%
1Y
n/a
MRSH
US$172.14
Marsh & McLennan Companies
7D
3.7%
1Y
-19.1%
AJG
US$239.67
Arthur J. Gallagher
7D
8.6%
1Y
-24.1%
Narrative Update • Jun 29

AJG: Fair Outlook Balances Pricing Headwinds With Acquisition And Margin Opportunities

Arthur J. Gallagher's analyst price target has been reset from $250 to $225 as analysts factor in a higher discount rate, more moderate revenue growth and margins, and a slightly higher future P/E multiple, alongside mixed but generally constructive recent research commentary.
PGR
US$225.30
Progressive
7D
2.2%
1Y
-12.6%
KG
US$9.48
Kestrel Group
7D
-12.6%
1Y
-62.2%
ARX
US$12.84
Accelerant Holdings
7D
-4.0%
1Y
n/a
SLQT
US$0.89
SelectQuote
7D
-6.6%
1Y
-63.1%
Narrative Update • Jun 25

SLQT: FY26 Guidance Reaffirmation Will Support Future P/E Re Rating

Analysts have adjusted their SelectQuote price target to reflect updated assumptions for discount rate, expected revenue growth of 2.67%, profit margin of 11.06% and a forward P/E of 1.57x. This results in a revised fair value estimate of $1.25 per share, unchanged from the prior $1.25.
CRD.B
US$10.61
Crawford
7D
-4.8%
1Y
1.0%
STC
US$67.58
Stewart Information Services
7D
-0.7%
1Y
2.1%
Narrative Update • Jun 23

STC: Secure AI Underwriting Platform Investments Will Support Future Upside

Analysts have kept their price target for Stewart Information Services steady at $83, reflecting unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E expectations. What’s in the News for Stewart Information Services Stewart Information Services announced upgrades to its Stewart Virtual Underwriter underwriting knowledge platform, including secure login access for employees, customers, and partners.
ALL
US$243.12
Allstate
7D
4.1%
1Y
24.9%
Narrative Update • Jun 16

ALL: Rich Multiple Will Face Slowing Auto Policy Momentum Despite Buybacks

Analysts have nudged their price target for Allstate higher to $192.30 from $190.85, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that slightly adjust how they value the stock. What's in the News Allstate reported Q1 2026 adjusted diluted EPS of $10.65, which was 47% above analyst consensus, and net income of $2.4b compared with $566 million a year earlier, supported by an 82.0 Property Liability combined ratio and lower catastrophe losses (source: Allstate Reports Strong Q1 2026 Earnings with Market Share Gains and New $4 Billion Buyback Program).
BNT
US$42.78
Brookfield Wealth Solutions
7D
-0.3%
1Y
2.5%
AIFU
US$43.50
AIFU
7D
-7.1%
1Y
-66.4%